09 Mar Life Insurance
Life Insurance provides a lump sum payment to your loved ones when you die or if you’re diagnosed with a terminal illness.
Your family can use that payment however they choose: for day-to-day living expenses or mortgage repayments, to cover your kid’s school fees or to provide security for your partner’s retirement.
Mark was married for twenty years and has two teenage children. His wife passed away unexpectedly, leaving mortgage repayments and other debts to pay. Her Life Insurance benefit payment meant Mark was able to continue comfortably supporting his children without financial pressure.